Tito’s yacht goes under the hammer

Looking for a luxury yacht with a colourful history? At a starting price of only 80,000 Euros. One of the yachts of Tito’s former yachts “Jadranka” is up for sale, according to an announcement by the Government of Montenegro the yacht was proclaimed as “redundant for the needs of the state intuitions and bodies” and is therefore up for sale.

The starting price was decided by a court appointed valuator as 80,000 Euros, but it was added that if there were no offers the yacht would be sold for parts and scrap. Jadranka was built in 1977 in a Croatian shipyard and at the beginning of the Homeland War was withdrawn from its berth in Croatia to Montenegro.

There is a good chance that Jadranka will not meet the starting offer of 80,000 Euros as the vessel is in need of very complicated and expensive repairs and is far from seaworthy.